UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue.
1. Name and Address of Reporting Person(s)
EAST JOHN C.
955 E. ARQUES AVE.
SUNNYVALE, CA 94086
2. Issuer Name and Ticker or Trading Symbol
ACTEL CORPORATION (ACTL)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X]
Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify
below) CEO AND PRESIDENT
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 07/25/97 S 1,800 D $20.1250 D
Common Stock 07/28/97 S 1,800 D $19.8750 D
Common Stock 07/29/97 S 1,800 D $19.5000 D
Common Stock 07/30/97 S 1,800 D $19.2500 D
Common Stock 07/31/97 S 1,800 D $19.2500 118,500 D
Common Stock 07/25/97 S 600 D $20.0000 I by Wife
Common Stock 07/28/97 S 600 D $19.8125 I by Wife
Common Stock 07/29/97 S 600 D $19.3125 I by Wife
Common Stock 07/30/97 S 600 D $19.1875 I by Wife
Common Stock 07/31/97 S 600 D $19.1875 24,160 I by Wife
Common Stock 07/25/97 S 120 D $20.1250 I by Daughter 1
(1)
Common Stock 07/28/97 S 120 D $19.8750 I by Daughter 1
(1)
Common Stock 07/29/97 S 120 D $19.5000 I by Daughter 1
(1)
Common Stock 07/30/97 S 120 D $19.2500 I by Daughter 1
(1)
Common Stock 07/31/97 S 120 D $19.2500 1,190 I by Daughter 1
(1)
Common Stock 07/25/97 S 120 D $20.1250 I by Daughter 2
(1)
Common Stock 07/28/97 S 120 D $19.8750 I by Daughter 2
(1)
Common Stock 07/29/97 S 120 D $19.5000 I by Daughter 2
(1)
Common Stock 07/30/97 S 120 D $19.2500 I by Daughter 2
(1)
Common Stock 07/31/97 S 120 D $19.2500 1,190 I by Daughter 2
(1)
<CAPTION>
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right $4.0000 08/01/96(2) 07/15/02
to buy)
Incentive Stock Option (right $8.0000 03/31/94(3) 06/30/03
to buy)
Non-Qualified Stock Option $8.0000 03/31/94(4) 06/30/03
(right to buy)
Non-Qualified Stock Option $7.6300 03/31/95(5) 07/26/04
(right to buy)
Incentive Stock Option (right $7.6300 08/01/98(6) 07/26/04
to buy)
Incentive Stock Option (right $13.0000 08/01/99(7) 06/30/05
to buy)
Non-Qualified Stock Option $13.0000 03/31/96(8) 06/30/05
(right to buy)
Non-Qualified Stock Option $9.4000 (9) 10/06/05
(right to buy)
Incentive Stock Option (right $14.8750 08/01/00(10) 07/17/06
to buy)
Non-Qualified Stock Option $14.8750 08/01/00(10) 07/17/06
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right Common Stock 10,000 10,000 D
to buy)
Incentive Stock Option (right Common Stock 40,250 40,250 D
to buy)
Non-Qualified Stock Option Common Stock 59,750 59,750 D
(right to buy)
Non-Qualified Stock Option Common Stock 42,886 42,886 D
(right to buy)
Incentive Stock Option (right Common Stock 13,114 13,114 D
to buy)
Incentive Stock Option (right Common Stock 7,692 7,692 D
to buy)
Non-Qualified Stock Option Common Stock 54,308 54,308 D
(right to buy)
Non-Qualified Stock Option Common Stock 60,000 60,000 D
(right to buy)
Incentive Stock Option (right Common Stock 6,722 6,722 D
to buy)
Non-Qualified Stock Option Common Stock 53,278 53,278 D
(right to buy)
<FN>
Explanation of Responses:
(1)
Held as Custodian under UGMA.
(2)
Option becomes 100% exercisable on 8/1/96.
(3)
Option is exercisable as to 27,750 shares at 8.33% per quarter for three years
with vesting commencing on 1/1/94, and 100% exercisable as to 12,500 shares on
8/1/97.
(4)
Option is exercisable as to 32,250 shares at 8.33% per quarter for three years
with vesting commencing on 1/1/94, and 100% exercisable as to 27,500 shares on
8/1/97.
(5)
Option is exercisable as to 16,000 shares at 6.25% per quarter for four years
with vesting commencing on 1/1/95, and 100% exercisable as to 26,886 shares on
8/1/98.
(6)
Option becomes 100% exercisable on 8/1/98.
(7)
Option becomes 100% exercisable on 8/1/99.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ JOHN C. EAST
DATE: AUGUST 11, 1997
